The rise in the benchmark index was contributed by the rise in the sub-indices of all trading groups. Banking, the major trading group in the secondary market, registered double digit growth to close at 511.13 points. Banking group gained 11.25 points on Wednesday, with major commercial banks, including Bank of Kathmandu, Standard Chartered, Nepal SBI Bank, Nepal Investment Bank, Kumari Bank and Himalayan Bank Limited, seeing rise in their share prices.
Similarly, the sub-indices of Development Bank, Hydropower and Finance groups posted growths by 0.04 points, 11.03 points and 1.25 points to close at 587.74 points, 808.97 points and 558.69 points respectively. In the like manner, the sub-indices of Insurance and Others group also gained by 0.18 points and 2.35 points to settle at 576.77 points and 588.64 points respectively.
Thirty-nine companies saw their share prices go up, while 12 companies suffered loss on Wednesday´s trading.
Nepse up for a fifth consecutive week